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Working a month in areas! Help please!
london_1984
Posts: 15 Forumite
I am looking for some help.
I start my new job on Monday 29th March and my employment contract states my pay is accrued day to day and paid a month in arrears. The usual company pay day is 21st of each month.
My question is, when will I receive my first pay check? Thank you in advance!
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Comments
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You could contact them and ask - it may be the 21st April or you may have to wait until 21st May it depends when their cut-off dates are etc
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I have I think I’m being a little silly, it’s an new job and I don’t want them to think I’m asking about money and I’ve not even started! Thank you for your reply0
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Nothing wrong about being honest and upfront with them.london_1984 said:I have I think I’m being a little silly, it’s an new job and I don’t want them to think I’m asking about money and I’ve not even started! Thank you for your reply
Just get in touch, say how much you are looking forward to starting work with them and can they clarify when your 1st paycheck will be so you can arrange your finances accordingly3 -
The arrears accrual is common - i believe most people are paid in arrears.
Regards first paycheck, its common for a company to have a payroll cut off date - ours is about 2 weeks before payday. Since you start 29th March, I would expect your first paycheck would be 21st April as they should have plenty of time to process you for payroll (note it may be smaller due to emergency tax code pending P45 etc). But if they dont have them, make sure your account details are provided immediately.
Be prepared for possibility of 21st May (I would hope not) - but just in case, do you have options (overdraft? family? etc).
Peter
Debt free - finally finished paying off £20k + Interest.1 -
It's probably going to be 3 weeks pay on the 21st April and then a months pay on the 21st of May. It could be the other way around and a full month on the 21st of April with the pay for the 21st of May being adjusted down to 3 weeks. The other possibility would be 7 weeks pay on the 21st of May, which is unlikely but it happens.
I'd be more concerned long term with the 'accrued day to day' part. Will each months pay be a different amount depending on days worked? And is the cut off point a set date or the end of a week?
Only your new employer can tell you.
DarrenXbigman's guide to a happy life.
Eat properly
Sleep properly
Save some money0 -
My contract states:Xbigman said:It's probably going to be 3 weeks pay on the 21st April and then a months pay on the 21st of May. It could be the other way around and a full month on the 21st of April with the pay for the 21st of May being adjusted down to 3 weeks. The other possibility would be 7 weeks pay on the 21st of May, which is unlikely but it happens.
I'd be more concerned long term with the 'accrued day to day' part. Will each months pay be a different amount depending on days worked? And is the cut off point a set date or the end of a week?
Only your new employer can tell you.
Darren
Your salary will amount to £xxxx per annum,and it will accrue from day to day and be paid monthly in arrears on the 21st day of each calendar month.
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Thanks all. I’ll have to ask them and see what they say. I really appreciate all your feedback0
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I would certainly expect the OP to be paid on the 21st April. Payroll for April will normally be 'closed' about a week or so before payment date so there is no reason the OP wouldn't be on the system in time for that.
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As others have said, just ask your new employer when you should expect your first salary payment. I'd expect it to be 21 April but there's nothing wrong in asking them to confirm this.Again as others have said, it will depend on when the payroll "cut-off" date is. That will be the last date for making adjustments (like new starters and leavers) to the next payroll run. So when you start your new job you should find out when the cut-off date is and try to ensure that your employer has all your starter documentation etc in in time to meet the cut-off date for 21 April pay run.I too am a bit confused by the reference to "accrued day to day". I don't see what that adds to telling you that you are paid a month in arrears. Are you paid on an hourly or daily rate or is it an annual salary?0
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Without a P45, the OP should complete a New Starter form. This would enable the employer to deduct tax on the basis of the standard "emergency" tax code of 1250 M1, ie allowing for annual personal allowance of £12,500. Unless the OP normally has extra allowances this won't reduce his payment below what it would be with a P45.nyermen said:The arrears accrual is common - i believe most people are paid in arrears.
Regards first paycheck, its common for a company to have a payroll cut off date - ours is about 2 weeks before payday. Since you start 29th March, I would expect your first paycheck would be 21st April as they should have plenty of time to process you for payroll (note it may be smaller due to emergency tax code pending P45 etc). But if they dont have them, make sure your account details are provided immediately.
Be prepared for possibility of 21st May (I would hope not) - but just in case, do you have options (overdraft? family? etc).0
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